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Is Solar Power the Solution for the Global Electricity Crisis?

Is Solar Power the Solution for the Global Electricity Crisis?

The global energy crisis adds urgency to many countries’ ambitions to decarbonize, turning away from reliance on fossil fuels and toward more sustainable solutions. These shifts, which will necessitate extensive planning, infrastructure, and teamwork, will be difficult.

If the world’s growing population continued to consume energy provided by fossil fuels at the current rate, the Earth would be overwhelmed by combustion byproducts such as air pollutants and carbon dioxide. Some scientists anticipate that our world will be destroyed by altering weather patterns and even inundated by the melting ice cap within a few decades. And we’d be rapidly depleting our scarce fossil-fuel reserves. The immediate question is, what new miracles can we expect from the sun – solar in the coming century?

 

Why do we need the Solar Power to work?

 

The energy crisis is caused by the impending end of the oil, gas, and coal cycles, which have also resulted in a significant increase in greenhouse emissions (GHG). 

 

Overpopulation – These statistics should be viewed in light of the fact that they are based on current consumption, despite the fact that it is obvious that consumption will rise significantly. The world’s population is expected to reach around 10 billion people in 2050, and the economic development of developing nations will increase energy demands.

 

Excessive Consumption – Our current consumption paradigm is nearly totally based on nonrenewable energy sources including oil, gas, coal, and uranium. Oil will be the first fossil fuel to run out if consumption continues at its current rate. 

 

Infrastructure Ageing – Another cause of energy scarcity and shortage is a lack of infrastructure for power generation equipment. The majority of energy producing enterprises continue to use antiquated equipment, which reduces energy production.

 

All these leads us to believe that the sun, and its solar energy is one of our best hopes. 

 

What’s happening in the solar industry?

 

The solar industry’s participants are placing bets on expansion. There has been a massive influx of new manufacturing capacity onto the market after shortages of polysilicon raw materials raised costs last year.

However, the manufacture of silicon wafers has become a bottleneck in the supply chain. According to the economic times, the global solar supply chain is already big enough to connect around 5,300 GW of panels by 2030, which is enough to put us on pace to achieve net zero emissions by 2050 with just modest improvements in ingot and wafer capacity. We would still achieve that goal even if the industry’s growth rate decreased by roughly 10% from the average 25% recorded over the previous five years.

 

One of the encouraging elements of how wind and solar have evolved in parallel over the last decade is how well they compliment each other. Photovoltaic generation is often lower in the winter and non-existent at night. In certain situations, wind, on the other hand, performs better. Pushing global grid emissions to zero will require far more than these two technologies, with hydropower, nuclear, geothermal, biomass, and even reduced fossil power all likely to play a part.

solar

 

What needs to be done now?

 

Solar is available at present and reduces energy costs from the minute it is connected. Many countries are aware of this and are hurrying to install rooftop solar PV systems. The only problem is that some administrative and regulatory barriers that need to be addressed with political will are what are holding them back. Here’s what can be done: 

 

  • Accelerate the development of the solar workforce by assuring the mapping of skills gaps and funding for training programmes through the  large-scale skills collaboration for onshore energy. 
  • States must select and finalise licences for expedited renewables development. These should be areas where there are no evident social or environmental concerns, such as old industrial sites, highways and railways, parking lots, and so on. 
  • Reduce red tape and allow for significant additional volumes of rooftop solar assistance packages. 
  • Except for historic structures, exempt on-site solar from development permits. In Italy, Germany, Sweden, and the Netherlands, this is already the situation.

 

  • Launch an unprecedented set of tenders for flexible or hybrid renewable projects (solar + wind + storage). These compete directly with gas peakers and prevent gas prices from contaminating electricity pricing.

 

Fossil fuels are depleting, and they also contribute to global pollution. Nuclear power consumes a finite resource while also producing dangerous nuclear waste. Hydroelectric power is a wonderful renewable source, but there are very few rivers in the world that can be dammed, and there is rising worry about the impact dams have on fish populations.

Solar power can be the solution, but because of the intermittent nature of sunshine on Earth, it may currently be too expensive for widespread use. Even as the cost of solar cells falls, solar power still has several drawbacks. The sun sets at night, clouds occasionally obscure it, and the environment filters away some of the light. So what now?

 

If terrestrial solar systems are to offer continuous energy, they must be significantly enlarged and contain extra energy storage technologies. We must address our next generations’ requirements in the new millennium with courage and maximise the source of solar energy for the globe. 

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